Fintel reports that on September 20, 2023, BMO Capital maintained coverage of Workiva Inc - (NYSE:WK) with a Outperform recommendation.
Analyst Price Forecast Suggests 11.64% Upside
As of August 31, 2023, the average one-year price target for Workiva Inc - is 119.57. The forecasts range from a low of 97.97 to a high of $134.40. The average price target represents an increase of 11.64% from its latest reported closing price of 107.10.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Workiva Inc - is 640MM, an increase of 9.99%. The projected annual non-GAAP EPS is -0.00.
What is the Fund Sentiment?
There are 643 funds or institutions reporting positions in Workiva Inc -. This is an increase of 11 owner(s) or 1.74% in the last quarter. Average portfolio weight of all funds dedicated to WK is 0.34%, a decrease of 1.03%. Total shares owned by institutions increased in the last three months by 2.17% to 56,742K shares. 
The put/call ratio of WK is 0.14, indicating a bullish outlook.
What are Other Shareholders Doing?
Riverbridge Partners holds 2,095K shares representing 3.90% ownership of the company. In it's prior filing, the firm reported owning 2,011K shares, representing an increase of 4.00%. The firm decreased its portfolio allocation in WK by 7.01% over the last quarter.
Macquarie Group holds 1,883K shares representing 3.51% ownership of the company. In it's prior filing, the firm reported owning 1,263K shares, representing an increase of 32.92%. The firm increased its portfolio allocation in WK by 53.02% over the last quarter.
T. Rowe Price Investment Management holds 1,625K shares representing 3.03% ownership of the company. In it's prior filing, the firm reported owning 1,665K shares, representing a decrease of 2.51%. The firm decreased its portfolio allocation in WK by 8.00% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,463K shares representing 2.73% ownership of the company. In it's prior filing, the firm reported owning 1,459K shares, representing an increase of 0.30%. The firm decreased its portfolio allocation in WK by 8.14% over the last quarter.
Ameriprise Financial holds 1,422K shares representing 2.65% ownership of the company. In it's prior filing, the firm reported owning 1,552K shares, representing a decrease of 9.21%. The firm increased its portfolio allocation in WK by 371.13% over the last quarter.
Workiva Background Information
(This description is provided by the company.)
Workiva Inc. simplifies complex work for thousands of organizations worldwide. Customers trust Workiva's open, intelligent and intuitive platform to connect data, documents and teams. The results: more efficiency, greater transparency and less risk.
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